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REGISTERED NUMBER: 07271928 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

FL PIGS LIMITED

FL PIGS LIMITED (REGISTERED NUMBER: 07271928)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FL PIGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: D R Fussey





SECRETARY:





REGISTERED OFFICE: White Hill Close
Scarborough Road
Bridlington
East Yorkshire
YO16 4UD





REGISTERED NUMBER: 07271928 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

FL PIGS LIMITED (REGISTERED NUMBER: 07271928)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 628,032 596,435

CURRENT ASSETS
Stocks 4,222 6,659
Debtors 5 - 1,274
Cash at bank 61,099 28,425
65,321 36,358
CREDITORS
Amounts falling due within one year 6 152,533 96,361
NET CURRENT LIABILITIES (87,212 ) (60,003 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,820

536,432

CREDITORS
Amounts falling due after more than one year 7 (74,258 ) (86,607 )

PROVISIONS FOR LIABILITIES (119,326 ) (113,323 )
NET ASSETS 347,236 336,502

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 347,136 336,402
SHAREHOLDERS' FUNDS 347,236 336,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FL PIGS LIMITED (REGISTERED NUMBER: 07271928)

BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 March 2024 and were signed by:





D R Fussey - Director


FL PIGS LIMITED (REGISTERED NUMBER: 07271928)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

FL Pigs Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FL PIGS LIMITED (REGISTERED NUMBER: 07271928)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2022 906,371 10,485 1,230 918,086
Additions 225,819 - - 225,819
Disposals (131,684 ) - - (131,684 )
At 30 June 2023 1,000,506 10,485 1,230 1,012,221
DEPRECIATION
At 1 July 2022 316,314 4,587 750 321,651
Charge for year 109,983 1,474 72 111,529
Eliminated on disposal (48,991 ) - - (48,991 )
At 30 June 2023 377,306 6,061 822 384,189
NET BOOK VALUE
At 30 June 2023 623,200 4,424 408 628,032
At 30 June 2022 590,057 5,898 480 596,435

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 1,274

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,569 10,167
Hire purchase contracts 80,594 52,273
Trade creditors 24,833 12,448
Taxation and social security 32,478 20,200
Other creditors 7,059 1,273
152,533 96,361

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 74,258 86,607

FL PIGS LIMITED (REGISTERED NUMBER: 07271928)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

8. RELATED PARTY DISCLOSURES

As at the 30th June 2023 the company owed Mr D Fussey £357.20 ( 2022 : £91.96)